Yemi Osinbajo, Nigeria's vice president, has revealed that through the Economic Sustainability Plan, the present regime has saved over one million jobs and forestalled the closure of over 150,000 small businesses hit by the COVID-19 pandemic.
This is as he said that social protection schemes can break the cycle of poverty, give real access to jobs, economic opportunities, and improve human capacity.
Osinbajo said this on Tuesday in Abuja while speaking virtually during a United Nations High-Level Forum on Jobs and Social Protection.
Senior Special Assistant to the Vice-President on Media and Publicity, Laolu Akande, disclosed this in a statement titled, ‘Why social protection schemes are crucial, by Osinbajo at UN high-level forum on jobs’.
According to him, Nigeria’s response to the fallouts of COVID-19 was guided by the conviction that “social protection schemes are crucial, and can break the cycle of poverty, give real access to jobs and economic opportunities, and improve human capacity and productivity.”
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